KPMG Ireland Launches New EU AI Hub with Creation of 200 Jobs

200 new roles in Dublin will be created over the next three years in AI and related areas including risk, regulatory services and cyber security
by IFSC News
20 May 2024
IFSC

International Financial Services Centre

KPMG Ireland Launches New EU AI Hub with Creation of 200 Jobs

Photo: (l-r) Gillian Kelly, Partner, Head of Consulting Ireland, KPMG, Minister of State Neale Richmond, TD and Dani Michaux, Partner, EMEA Head of Cyber Security, KPMG. (Pic: Julien Behal)

KPMG has today launched its new EU AI Hub to support clients with optimising new AI technologies and to navigate incoming regulation in the EU and globally. Located in the firm’s Platform X Global Innovation Hub in Dublin’s IFSC, to the hub will redefine how AI technologies are deployed and managed for clients and see the creation of 200 jobs across the next three years in AI and related areas including risk, regulatory services and cyber security.  

Supported by Microsoft and leading AI security and trust software firm Cranium, the EU AI Hub is designed to provide KPMG clients with access to world-leading tools and insights to navigate the complexities of AI implementation including the impending EU AI Act.

The EU AI Hub combines KPMG’s Trusted Responsible AI framework and comprehensive capabilities ranging from strategy, transformation, technology, data sciences, and assurance; along with the Cranium enterprise software platform built to drive security, trust, and compliance across AI systems, and Microsoft’s pioneering AI technologies. The Hub is an opportunity to gather the experience and learnings of AI to date, and to create new tools and innovations that help developers and businesses implement reliable AI practices in their work and organisations.

With the EU AI Hub, businesses and organisation can prepare for the EU AI Act through a simplified streamlined approach which first understands the organisation’s current readiness, as well as level of maturity and policies or controls in place, before equipping them with the right AI tools to ensure their initiatives align with evolving legal and ethical standards.

Speaking at the launch, Minister of State Neale Richmond, TD said “I am delighted to be at today’s the launch of KPMG’s new EU AI Hub. AI presents an opportunity, and a challenge, for many Irish businesses and KPMG’s Hub will help them to navigate the world of AI, and the regulation that comes with it. KPMG’s EU AI Hub will lead to the creation of 200 jobs over the next three years, underpinning both KPMG’s commitment to Ireland but also the role that AI will have for Irish businesses in the coming years. Through our strategy ‘AI – Here for Good’, Ireland aims to be an international leader in the AI space, with a people-focused and ethical approach and KPMG’s EU AI Hub will help us to reach this goal.”

Sean Redmond, Director, KPMG highlighted the important role the EU AI Hub will play as the EU AI Act is rolled out across member states.  

“The EU AI Hub brings together top minds and cutting-edge technology in a collaborative environment and is uniquely positioned to support businesses in optimising AI solutions. Understanding that responsible AI is not only a business challenge but also a regulatory and technical challenge, we are committed to helping clients put into practice end-to-end responsible AI programs.  It is also important that organisations don’t see the impending EU AI Act as a blocker to innovation and ideation, but instead provides the guardrails that enables organisations to experiment with AI and deliver value to their businesses and customers”.

Gillian Kelly, Partner Head of Consulting Ireland, highlighted the important role the EU AI Hub will play as the EU AI Act is rolled out across member states.

“The Hub is underpinned by our Trusted AI framework and supported by cutting-edge technology from Microsoft and Cranium, the Hub is a truly collaborative environment. KPMG’s commitment to Dublin and the creation of new jobs underscores our belief in Ireland’s potential as a place for innovation, technology, and collaboration. We look forward to contributing to the vibrant tech ecosystem and supporting our clients on their AI journey.”

Jonathan Dambrot, CEO of Cranium added, “As enterprises journey through the hub, Cranium, from a technical perspective, captures the technical components of AI models, runs risk reports, and does gap analysis against the EU AI Act and other international AI frameworks. Joining forces with KPMG and Microsoft, we’re demonstrating that organisations are backed by the confidence and maturity to achieve EU AI Act readiness.”

Dani Michaux, Partner, EMEA Head of Cyber Security added: “The complexity of cyber security challenges and dialogs in relation to trusted AI has just begun and will continue to evolve over the next few years. We are delighted to collaborate with Cranium and Microsoft in navigating these challenges to and evolve the dialog and understanding of what is ahead of us. Upskilling, collaboration, touch leadership and knowledge exchange will be key features of the hub. Excited we are all here today and looking forward to contributing to the further developments of AI Journeys with our clients and partners.”

The aim of the EU AI Hub is to act as a cornerstone for organisations navigating the evolving regulatory landscape of AI technologies and ensuring these technologies are used responsibly.

About KPMG EU AI Hub 
The KPMG EU AI Hub located in the firm’s Platform X Global Innovation Hub in Dublin’s IFSC redefines how AI technologies are deployed and managed for KPMG clients. Supported by Microsoft and leading AI security and trust software firm Cranium, the EU AI Hub provides access to world-leading tools and insights to navigate the complexities of AI implementation including the impending EU AI Act. The EU AI Hub combines KPMG’s Trusted Responsible AI framework and comprehensive capabilities ranging from strategy, transformation, technology, data sciences, and assurance; the Cranium enterprise software platform built to drive security, trust, and compliance across AI systems, and Microsoft’s pioneering AI technologies. The Hub is an opportunity for sharing learnings, and creating new tools and innovations that help developers and businesses implement reliable AI practices in their work and organisations.

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